$CAKE /USDT – Early Uptrend Signal

Current Price: $2.604

Today’s Gain: +3.58%

Volume: 10.92 Million CAKE

Category: DeFi

Market Overview:

CAKE is slowly recovering after bouncing from $2.47. Price is forming higher lows with signs of an uptrend starting. If momentum stays, price can move higher.

Key Levels:

Support: $2.59 and $2.57

Resistance: $2.62, $2.67, and $2.72

Trade Plan (Buy Setup):

Buy Zone: $2.60 – $2.61

Stop Loss: Below $2.59

Target 1: $2.62

Target 2: $2.67

Target 3: $2.72

Summary:

$CAKE is trying to build an uptrend. If price holds above $2.59, upside targets remain open. Buyers should watch for strength above $2.62 for further gains.